Lake Shore Gold Announces Management Change
February 06 2013 - 5:10PM
Marketwired
Lake Shore Gold Corp. ("Lake Shore Gold" or the "Company")
(TSX:LSG)(NYSE MKT:LSG)(NYSE Amex:LSG) announced today that Brian
Buss, Vice-President, Project Development, will leave the Company
effective February 15, 2013 for personal reasons. Going forward,
the Company's Project Development group will report to Dan Gagnon,
Senior Vice-President, Operations.
Tony Makuch, President and CEO of Lake Shore Gold, commented: "I
would like to thank Brian for his contribution to Lake Shore Gold
during a period of significant progress and growth for the Company.
In particular, Brian has played a key role in the planning and
execution of our 50% mill expansion, which remains on track for
completion to a capacity of 3,000 tonnes per day during the second
quarter of 2013. We wish Brian all the best in his future
endeavours."
About Lake Shore Gold
Lake Shore Gold is a mine development and operating company that
is in production and pursuing rapid growth through the advancement
of three wholly owned, multi-million ounce gold complexes in the
Timmins Gold Camp. The Company is in production at both the Timmins
West and Bell Creek mines, with material being delivered for
processing to the Bell Creek Mill. The Company continues to have an
active drilling program aimed at supporting current operations and
evaluating high-priority exploration targets around the Timmins
Camp. The Company's common shares trade on the TSX and NYSE MKT
under the symbol LSG.
FORWARD-LOOKING STATEMENTS
Certain statements in this press release relating to the
Company's growth expectations and business plans are
"forward-looking statements" or "forward-looking information"
within the meaning of certain securities laws, including under the
provisions of Canadian provincial securities laws and under the
United States Private Securities Litigation Reform Act of 1995 and
are referred to herein as "forward-looking statements". The Company
does not intend, and does not assume any obligation, to update
these forward-looking statements. These forward-looking statements
represent management's best judgment based on current facts and
assumptions that management considers reasonable, including that
operating and capital plans will not be disrupted by issues such as
mechanical failure, unavailability of parts, labour disturbances,
interruption in transportation or utilities, or adverse weather
conditions, that there are no material unanticipated variations in
budgeted costs, that contractors will complete projects according
to schedule, and that actual mineralization on properties will be
consistent with models and will not be less than identified mineral
reserves. The Company makes no representation that reasonable
business people in possession of the same information would reach
the same conclusions. Forward-looking statements involve known and
unknown risks, uncertainties and other factors which may cause the
actual results, performance or achievements of the Company to be
materially different from any future results, performance or
achievements expressed or implied by the forward-looking
statements. In particular, delays in development or mining and
fluctuations in the price of gold or in currency markets could
prevent the Company from achieving its targets. Readers should not
place undue reliance on forward-looking statements. More
information about risks and uncertainties affecting the Company and
its business is available in the Company's most recent Annual
Information Form and other regulatory filings with the Canadian
Securities Administrators, which are posted on sedar at
www.sedar.com, or the Company's most recent Annual Report on Form
40-F and other regulatory filings with the Securities and Exchange
Commission.
Contacts: Lake Shore Gold Corp. Tony Makuch President & CEO
(416) 703-6298 Lake Shore Gold Corp. Mark Utting Vice-President,
Investor Relations (416) 703-6298 www.lsgold.com